Capital expenditures continued COMMITMENTS

PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 118

48. COMMITMENTS

continued

b. Borrowings and other credit facilities

i The Company has Rp.190,000 million and Rp.60,000 million bank guarantee facility with BNI and Bank Mandiri, respectively. The facilities expire on March 31, 2010 and December 23, 2011, respectively. As of the issuance date of the consolidated financial statements, the extension of bank guarantee facility from BNI is still on process. Under these facilities, as of March 31, 2011, the Company has issued a bank guarantee of Rp.118,829 million and US0.10 million equivalent to Rp.900 million from BNI and Rp.46,127 million and US0.05 million equivalent to Rp.442 million from Bank Mandiri for tender guarantee, performance bond, security deposit, and advances for the Company’s project. ii Telkomsel has a US3 million bond and bank guarantee, standby letter of credit facility and foreign exchange facility with SCB, Jakarta. The facilities expire on July 31, 2011. Under these facilities, as of March 31, 2011, Telkomsel has issued a bank guarantee of Rp.20,000 million equivalent to US2.3 million for a 3G performance bond Note 48c.i. The bank guarantee is valid until March 24, 2012.

c. Others

i With reference to the Decision Letter No. 07PerM.KOMINFO22006 and No. 268KEPM.KOMINFO92009 of the MoCI Notes 1d.a and 2j, Telkomsel amongst other commitments, is required to: 3G license 1. Pay annual BHP fee which is determined based on a certain formula over the license term 10 years. The BHP for the sixth year of the former license was paid in March 2011 and the BHP for the second year of the additional license was paid in September 2010 Note 13iii. The commitments arising from the BHP as of March 31, 2011 and up to the expiry period of the license using the formula set forth in the Decision Letter are as follows: Radio Frequency Usage Tariff Year BI rates Index multiplier Former License Additional License 1 - - 20 x HL 100 x HL 2 R1 I1 = 1 + R1 40 x I1 x HL 100 x I1 x HL 3 R2 I2 = I11 + R2 60 x I2 x HL 100 x I2 x HL 4 R3 I3 = I21 + R3 100 x I3 x HL 100 x I3 x HL 5 R4 I4 = I31 + R4 130 x I4 x HL 100 x I4 x HL 6 R5 I5 = I41 + R5 130 x I5 x HL 100 x I5 x HL 7 R6 I6 = I51 + R6 130 x I6 x HL 100 x I6 x HL 8 R7 I7 = I61 + R7 130 x I7 x HL 100 x I7 x HL 9 R8 I8 = I71 + R8 130 x I8 x HL 100 x I8 x HL 10 R9 I9 = I81 + R9 130 x I9 x HL 100 x I9 x HL PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2010 AUDITED AND MARCH 31, 2011 UNAUDITED AND THREE MONTHS PERIOD ENDED MARCH 31, 2010 AND 2011 UNAUDITED Figures in tables are presented in millions of Rupiah, unless otherwise stated 119

48. COMMITMENTS